THE REAL REASONS BEHIND FRIDAY’S APPLE STOCK DROP $AAPL $UBS $GOOG $MSFT $NOK
Apple bulls have been pinning their hopes on China, but Apple has been losing its ‘cool’ factor in China. Only time will tell if Apple mania in China will go the way of other fads.
The Wall Street Journal reports that introduction of the iPhone 5 in Beijing was “arguably the least eventful launch of an Apple device in the company’s four-year history in the Chinese capital.” In the past, introduction of new Apple products in China have been met with crowds coveting the new devices. In 2011, when iPhone 4S was launched, the Sanlitun store experienced a near riot. This time when the Sanlitun store opened to launch iPhone 5 there were only two customers.… Please click here or the title below to read more.
December 15, 2012